FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Hello, we are in one of the most important periods of the year - the end of the second quarter. At the same time in the midst of an epidemic, low interest rates and printing money.

Moreover, this week we have FOMC Minutes and Nonfarm Payrolls (Jun)!

All this means one thing - interesting market movements.

What we see in AUDUSD is a triangle. A triangle waiting to erupt in one of two directions. This is what we are waiting for!

And when it breaks out to see a good movement in this direction, which, based on everything said so far, has good reason to happen very soon.

Support levels:
0.6786
0.6674
0.6585

Resistance levels:
0.7016
0.7101
0.7182

Comments

thanks for sharing! If prices break the ascending trend line I think we could be seeing a further downside. Here's my view on AUDUSD:
Reply
@FXCM, Thanks for your analysis!
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Have a great day!
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@dani5rova, Thank you!
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Good analysis
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ForexTrendline emil_georgie
@emil_georgie, Thanks
Reply
Thanks!Waiting for breakthrough.
Reply
@mira_liza, Good luck!
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from yesterday i m short position thanks...i hope price development ..good lock
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